Zebec Protocol, a Solana-based platform to offer real-time money streams for diverse financial transactions, has introduced Zebec Improvement Proposal 1 (ZIP-1). In its recent blog post on Medium, it noted that the team of the platform has effectively deployed on the NEAR and BNB blockchains after launching an app on Solana.
Zebec Protocol Releases Zebec Improvement Proposal for the Launch of Zebec Chain
Now, the community supports the moves toward introducing an exclusive app chain. As per the company, this would guarantee an effective launch in the coming time. In this respect, a staging chain named Nautilus is to be deployed for the cultivation of a preliminary ecosystem as well as for the provision of an atmosphere for the technology deployment. This is to be carried out in advance of the Zebec Chain’s launch.
Simultaneously, they will keep on providing payroll instruments as well as infrastructure to several firms, and funds. In addition to this, it also intends to operate on the launch of Zebec Chain. The firm mentioned that there is a great requirement for a chain that comprises programming flexibility. In this respect, it considers Zebec Chain to be the gap filler.
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According to the Protocol, a staging chain such as Nautilus will assist it in carrying out an effective launch. While elaborating on the procedure, the proposal disclosed that the community will install the Nautilus staging chain on the mainnet. This would pave the way for Zebec Chain. The token named ZBC will be used by Nautilus for gas fees, validator rewards, as well as protection of the network.
The Zebec Protocol’s present collaborators will deploy decentralized applications to Nautilus to assist in testing it. Zebec will be permitted by Nautilus to test the ideas that will in the end be utilized in Zebec Chain. Some fees will be collected from the collaborators and projects intending to be deployed on Nautilus for their security.
The Developers Will Be Free to Choose between Cosmos, Ethereum, and Celestia
The validators taking part in the network of Nautilus will thus obtain a specific proportion of their profit in the form of native tokens collected from the projects. Nautilus will play the role of the initial Layer-3 EVM chain to operate in the Web3 sector for general purposes. It will feature a modular architecture rather than a monolithic one. Nautilus will let developers choose between L1s in the case of data availability taking into account Cosmos, Ethereum, or Celestia.